Month: January 2019

NBE, BM issue first national payment card

Card targets over 20 million Egyptian citizens who do not deal with…

Hossam Mounir

Government suggests raising monopoly fine to EGP 500m in Protection of Competition Law amendment

President entitled to appoint authority's board of directors but cannot dismiss them

Abdel Razek Al-Shuwekhi

GPC aims to increase daily production to 79,000 BOE in H2 of FY 2018/19

Company recorded highest production rate of 63,600 BOE in H1 of FY…

Fatma Elkholosy

‘Synergy’ chosen as adviser of West Nile solar power plant construction with 200MW capacity

Company already started construction work, installation of cells

Mohamed Farag

AAIB signs revolving credit agreement worth $50m with EBRD

Bank seeks to push cooperation with EBRD to benefit from its experience…

Daily News Egypt

Korean Air resumes flights to Cairo after 7-year absence

Before 2011 Revolution, 70,000 annual Korean visitors to Egypt: Korean ambassador

Hagar Omran

Egypt’s revenues from tourism rose by 45.5% during first 3 months of current FY

Tourism balance surplus increased to $3.2bn, up from $2bn, an increase of…

Nehal Samir

German President to visit Egypt, Mercedes-Benz to resume production

Madbouly expressed Egypt’s desire to cooperate with German company in manufacturing autonomous,…

Daily News Egypt

Reviewing gas pricing produced from Zohr to take place by end of 2019 according to agreement: EGPC

Article to be added to new gas exploration agreements to allow amending…

Mohamed Adel

Shoukry discusses preparation for ‘Nostos 3’ with Greek Deputy Foreign Minister

Officials discussed Egypt's assumption of AU presidency in February

Daily News Egypt